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Green @ LISC. Strategic Priority: Green Real Estate Development Encourage the use of green design strategies in affordable housing and community development. Some of Our Work: HUD Energy Innovation Fund Green Grants and Loans NYC Community Weatherization Partners Green Publications
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Green @ LISC • Strategic Priority:Green Real Estate Development • Encourage the use of green design strategies in affordable housing and community development. Some of Our Work: • HUD Energy Innovation Fund • Green Grants and Loans • NYC Community Weatherization Partners • Green Publications • Local Training and Technical Assistance Since 2004, LISC has helped to fund 26,750 green affordable housing units
Green vs. Energy Efficient Energy (and water) efficiency • Reduce utility usage by incorporating resource-efficient appliances and systems • Value is often more easily quantifiable Green building • A more comprehensive approach • Minimize transportation costs by thoughtful, sustainable site selection • Reduce waste with durable, natural, or recycled products • Improve indoor air quality thru healthy materials • Continued green operations and maintenance
What’s next for Green? Nationally • Heightened focus on retrofits • Continued investment in quantifiable energy/water efficiency measures • Strategic use of data Our Rural Communities • Meeting the challenges of resource constraints and shortage of local “green” professionals • Capacity building through education and getting the right team involved locally • Focus on tenant/client savings and healthier environments
Looking @ Data Finance • Manage risk and provide capital to LISC’s community partners to implement green projects and retrofits Retrofits • Identify property improvements with best chance for success • Quantifiable cost/benefit analysis Asset Management • Identify underperforming properties in your portfolio • Early identification of opportunities minimizes waste and unnecessary costs
Thank you! “A vision without a plan is just a dream. A plan without a vision is just drudgery. But a vision with a plan can change the world.” -Old Proverb Madeline Fraser Cook Program Director, LISC Green Development Center 95 Berkeley, Suite 301 Boston, MA 02116 mfcook@lisc.org www.lisc.org/gdc Join us atwww.Facebook.com/LISCGreenDevelopmentCenter Follow us on Twitter@LISCgreen